Priyanshi Associates helps you in getting a loan. A loan allows you to repay whenever you want as long as your payments are regular and on time. Unlike an overdraft, where the entire credit limit is deducted at once, or a credit card, where the maximum limit cannot be used at once. When a loan is taken out for business purposes, the interest paid is a government tax-deductible item. Bank loans typically have the lowest interest rates when compared to overdrafts and credit cards. The profit earned from a bank loan does not have to be shared with the bank, whereas profits earned from equity must be shared with shareholders. A bank makes a loan to a business based on the value of the business and its perceived ability to service the loan by making timely and full payments. Unlike equity financing, in which the company issues shares, banks do not own any stock in the company. Bank employees are also not involved in any aspect of running a business to which a bank has made a loan. This means you must retain complete management and control of your company with no outside interference.
FOR MORE DETAILS PLEASE CONTACT US AT 9950995919.
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